Director/PDMR Shareholding

RNS Number : 8550K

Reed Elsevier PLC

27 April 2010

 



ISSUED ON BEHALF OF REED ELSEVIER PLC

27 April 2010

Director/PDMR Shareholding

Reed Elsevier Group plc  today made a grant of options under its Save As You Earn Option scheme (SAYE scheme) over shares in Reed Elsevier PLC.  The SAYE scheme is an all-employee savings/option plan, designed to give eligible UK employees the opportunity to save towards acquiring Reed Elsevier shares at the end of a 3 or 5 year savings period at a 20% discount, set at the time of invitation.  The SAYE scheme was approved by Reed Elsevier PLC shareholders in  2003.

The following options were granted under the SAYE scheme at 417.60p per share:

Director                                               Options                                                Exercisable

Mark Armour                                        2,173                                                     1/8/2013 - 1/2/2014

PDMR                                                  Options                                                Exercisable

Julian Ashworth                                    869                                                       1/8/2013 - 1/2/2014

Mike Rusbridge                                    3,723                                                     1/8/2015 - 1/2/2016

 

END

 

 

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